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Corporate & Securities Law

: BusinessAssociationsBlog.com

Green CSR Harms Shareholders

By Stephen Bainbridge

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Voluntary Corporate Environmental Initiatives and Shareholder Wealth by Karen Fisher-Vanden and Karin Thorburn: Researchers debate whether environmental investments reduce firm value or can actually improve financial performance. We provide some first evidence on shareholder wealth effects of voluntary corporate environmental initiatives. Companies announcing membership in Climate Leaders and...

[continued on site]

Full post as published by BusinessAssociationsBlog.com on February 15, 2008 (boomark / email).

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